Canada: Harper government climate regulations to cost $11.2 billion, but offset by savings

Calgary Herald: Tougher fuel economy standards on new cars proposed by Environment Canada could actually put more drivers on the road and cost Canadians consumers and the economy up to $11.2 billion between 2017 and 2025, says a new analysis posted online by the Harper government. But in the analysis, the department estimates benefits of up to $41.9 billion from reduced refuelling time, additional driving and reductions in fuel consumption and pollution. "The proposed regulations are anticipated to increase...

URL: http://www.calgaryherald.com/news/national/Harper%20government%20climate%20regulations%20cost%20billion%20offset/7741055/story.html
Enclosure: http://www.calgaryherald.com/news/national/7618026.bin